Longevity Rewrites the Economics of Inheritance
Alvin Hellerstein is a 92‑year‑old judge presiding over a high‑stakes case involving Nicolás Maduro. While once we would have considered this to be an outlier, he is becoming something closer...
More Than Half of Merchants Shift Fraud Spend From People to Tech
Merchants are discovering that fraud prevention has become less about stopping bad actors at checkout and more about managing risk across the entire payment journey, from account creation to post-tran...
Microsoft Turns Retail Into an AI Agent Test Bed
With CES wrapping last week and the National Retail Federation event kicking off Monday (Jan. 12) there’s been a renewed focus on The Prompt Economy’s intersection with retail. If there’s a them...
HSBC Establishes Asset Management Business in UAE
HSBC has launched a United Arab Emirates (UAE) asset management business that it said will play a key role in its Middle East, North Africa and Turkey (MENAT) wealth franchise.
The bank als...
Citigroup to Cut 1,000 Jobs in Ongoing Restructuring Effort
Citigroup plans to cut 1,000 jobs this week as part of a restructuring plan announced two years ago, Bloomberg reported Monday (Jan. 12), citing unnamed sources.
The bank said when annou...